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dc.contributor.authorEyvindson, Kyle
dc.contributor.authorHartikainen, Markus
dc.contributor.authorMiettinen, Kaisa
dc.contributor.authorKangas, Annika
dc.date.accessioned2018-06-27T10:19:35Z
dc.date.available2018-06-27T10:19:35Z
dc.date.issued2018
dc.identifier.citationEyvindson, K., Hartikainen, M., Miettinen, K., & Kangas, A. (2018). Integrating risk management tools for regional forest planning : an interactive multiobjective value at risk approach. <i>Canadian Journal of Forest Research</i>, <i>48</i>(7), 766-773. <a href="https://doi.org/10.1139/cjfr-2017-0365" target="_blank">https://doi.org/10.1139/cjfr-2017-0365</a>
dc.identifier.otherCONVID_27994228
dc.identifier.otherTUTKAID_77322
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/58747
dc.description.abstractIn this paper, we present an approach employing multiobjective optimization to support decision making in forest management planning under risk. The primary objectives are biodiversity and timber cash flow, evaluated from two perspectives: the expected value and the value-at-risk (VaR). In addition, the risk level for both the timber cash flow and biodiversity values are included as objectives. With our approach, we highlight the trade-off between the expected value and the VaR, as well as between the VaRs of the two objectives of interest. We employ an interactive method in which a decision maker iteratively provides preference information to find the most preferred management plan and learns about the interdependencies of the objectives at the same time. The method is illustrated with a case study in which biodiversity is assessed through an index calculated from the characteristics of the forest. Uncertainty is included both through modifying the input data according to the accuracy of current inventory methods and through growth model errors. This uncertainty is described using a set of 25 scenarios. Involving multiple components of risk is a highly relevant approach in multiobjective forestry; however, estimation of the uncertainty of biodiversity needs further attention.en
dc.format.mimetypeapplication/pdf
dc.languageeng
dc.language.isoeng
dc.publisherNRC Research Press
dc.relation.ispartofseriesCanadian Journal of Forest Research
dc.rightsIn Copyright
dc.subject.othermultiobjective optimization
dc.subject.otherinteractive multiobjective optimization
dc.subject.otherPareto optimality
dc.subject.otherBiodiversity
dc.subject.otherEconomic and social effects
dc.subject.otherForestry
dc.subject.otherIterative methods
dc.subject.otherPareto principle
dc.subject.otherRisk management
dc.subject.otherRisk perception
dc.subject.otherTimber
dc.subject.otherValue engineering
dc.subject.otherMultiobjective optimization
dc.titleIntegrating risk management tools for regional forest planning : an interactive multiobjective value at risk approach
dc.typearticle
dc.identifier.urnURN:NBN:fi:jyu-201806273370
dc.contributor.laitosBio- ja ympäristötieteiden laitosfi
dc.contributor.laitosInformaatioteknologian tiedekuntafi
dc.contributor.laitosDepartment of Biological and Environmental Scienceen
dc.contributor.laitosFaculty of Information Technologyen
dc.contributor.oppiaineEkologia ja evoluutiobiologiafi
dc.contributor.oppiaineTietotekniikkafi
dc.contributor.oppiaineEcology and Evolutionary Biologyen
dc.contributor.oppiaineMathematical Information Technologyen
dc.type.urihttp://purl.org/eprint/type/JournalArticle
dc.date.updated2018-06-27T09:15:10Z
dc.description.reviewstatuspeerReviewed
dc.format.pagerange766-773
dc.relation.issn0045-5067
dc.relation.numberinseries7
dc.relation.volume48
dc.type.versionacceptedVersion
dc.rights.copyright© Authors.
dc.rights.accesslevelopenAccessfi
dc.relation.grantnumber275329
dc.subject.ysoriskienhallinta
dc.subject.ysoriskinarviointi
dc.subject.ysometsänhoito
dc.subject.ysoepävarmuus
dc.subject.ysometsänkäsittely
dc.subject.ysometsäsuunnittelu
dc.format.contentfulltext
jyx.subject.urihttp://www.yso.fi/onto/yso/p3134
jyx.subject.urihttp://www.yso.fi/onto/yso/p6079
jyx.subject.urihttp://www.yso.fi/onto/yso/p7534
jyx.subject.urihttp://www.yso.fi/onto/yso/p1722
jyx.subject.urihttp://www.yso.fi/onto/yso/p27050
jyx.subject.urihttp://www.yso.fi/onto/yso/p1863
dc.rights.urlhttp://rightsstatements.org/page/InC/1.0/?language=en
dc.relation.doi10.1139/cjfr-2017-0365
dc.relation.funderSuomen Akatemiafi
dc.relation.funderAcademy of Finlanden
jyx.fundingprogramAkatemiahanke, SAfi
jyx.fundingprogramAcademy Project, AoFen
jyx.fundinginformationThis work was supported by the Academy of Finland (275329).


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